the framework is now in place for elected politicians and the unelected bureaucrats who run japan to be on the same page in a multi year process to bring inflation back to japan. which is desperately needed. so the market reaction today is really not so important as far as the big picture understanding that. as long as the ldp is staying in power and they are certainly taking the right steps to do so, i believe, politically speaking, you're going to have a multi year partnership where the ruling elite bodies of japan, elected and unelected, are pursuing this goal of reflation. and it will be the effect on equity prices, on housing prices. it's going to be very, very dramatic. >> ed, where prices really matter in the short-term is dollar/yen. 88 or 89 or even 90 gives corporations breathing room and they need that breathing room because there's still a lot of risks that they're facing out there. and if the earnings start to improve, if all the money is out there, if they're willing to take on more risks, then the boj's moves start to get more effective, right? how do you factor in the